Bow to you. Thank you so much for explaining. I love the way you teach, it really helps me understand better than my professor. Thank you, thank you. Please make more videos. You make learning Accounting so much easier.
You are helping great minds to overcome difficult tusks. In our local language we can call you" moalim fii an" which means spindled and excellent. South central Somalia
Professor Blazarus,I have a question,in your video of "Double Declining Method you said that the Accumulated Depreciation for the first Year is "0" since the item was not used.Now in this explanation of "Depreciation Straight Line Method" you get an Accumulated Depreciation for the first year 2011 and 2012.How come is then different the Accumulated Depreciation of being 0 in one method and have a value in another ?
how do u solve this problem.A company maintains accounts in calender year.if it purchase machine on jan 1 1994 on 40000 another in oct 1994 on 20000 and another in july 1st 1995 on 10000.On 1st july 4th machine was installed on same date and became obsolete and sold for 6800
I need help!!! how can i depriciate equipment if all i have is only the total cost of the equipment but, don't have the salvage value....... what can I do when i don't have the salvage value? help please!!